USD/JPY advances near 155.85 in Wednesday’s early Asian session, up 0.24% on the day. The higher possibility of a BoJ interest rate hike might support the Japanese Yen. ...
GBP/USD Forecast: Pound Sterling extends sideways grind above 1.2900 Following the sharp drop seen in the second half of the previous week, GBP/USD registered small gains...
USD/MXN gains ground due to risk-off sentiment despite dovish sentiment surrounding the Fed. Vice President Kamala Harris had secured endorsements for the leading candidate for the...
Here is what you need to know on Tuesday, July 23: The action in financial markets turns subdued early Tuesday, following Monday’s choppy trading. The US...
The Indian Rupee edges higher in Tuesday’s early European session. India’s FM Nirmala Sitharaman presented a Budget with focus on taxes and jobs. Persistent foreign inflows...
USD/CHF depreciates as traders expect the Fed to reduce rates in September. NBC News projected that Vice President Kamala Harris had secured endorsements from a majority...
The Australian Dollar extends losses due to a sharp drop in energy and metal prices. The AUD may limit its downside due to a potential rate hike from...
NZD/USD trades on a softer note near 0.5975 in Tuesday’s early Asian session, down 0.10% on the day. The rising bets on RBNZ rate cuts and...
USD/MXN loses ground due to increased risk sentiment amid dovish Fed. CME Group’s FedWatch Tool suggests a 91.7% probability of a 25-basis point rate cut in...
The Japanese Yen extends losses despite the hawkish sentiment surrounding BoJ’s policy stance for next week. Japan’s Prime Minister Fumio Kishida stated that normalizing the BoJ’s...
EUR/USD edges higher to 1.0895 in Monday’s early Asian session, up 0.12% on the day. Fed’s Williams said the US central bank was “getting us closer...
Ever since Wednesday, Nasdaq found no respite with very few S&P 500 sectors providing refuge. Even Russell 2000 – one of my key picks for clients...
Here is what you need to know on Friday, July 19: The US Dollar (USD) benefited from the souring market mood on Thursday, with the USD...
EUR/USD depreciates as the US Dollar continues to gain ground on Friday. Higher US Treasury yields contribute to underpin the Greenback. ECB President Lagarde provided no...
The Australian Dollar depreciates for the fifth consecutive session on Friday. The downside for AUD may be limited due to a potential interest rate hike by...
The Japanese Yen remains silent after the release of mixed inflation data on Friday. Japan’s National Consumer Price Index held steady at 2.8% in June, remaining...
USD/MXN gains ground due to increased risk aversion despite the dovish Fed. The US Dollar may limit its upside due to rising speculation of the Fed...
Gold price appreciates due to the high likelihood of a rate-cut decision by the Fed in September. Fed Governor Christopher Waller stated that the central bank...
Here is what you need to know on Thursday, July 18: The action in foreign exchange markets remain choppy in the early European session on Thursday...
USD/CHF holds positive ground near 0.8840 in Thursday’s early European session. Fed’s Waller said that central bank is nearing rate cuts if there are no major...